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Hua Han Bio-Pharma and China National Biotech Group Announce JV  
4/23/2013 12:03:35 PM

by Richard Daverman, PhD

April 23, 2013 -- A subsidiary of Hua Han Bio-Pharmaceutical Holdings, Guizhou Factorr Bio-Technology, signed a framework agreement to set up a JV with National Vaccine & Serum Institute. NVSI is a Beijing-based company that is part of the China National Biotec Group. Guizhou will fund the JV with between 30 and 50 million RMB of capital ($5-8 million), while NVSI will contribute rights to three biopharma products. More details....

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